BMC�s P300m bailout gets Parly nod
Wednesday, August 05, 2015
The request that was tabled by the Minister of Finance and Development Planning, Kenneth Matambo was approved with the majority of legislators supporting it. When presenting the request, the minister noted that the funds are required to finance the commission’s operational losses for the current financial year, which has put pressure on the commission’s cash flow.
“Funding for the requested amount will come from the reduction of annual provisions for the Horticulture and Water Development and Agricultural Support Scheme programmes,” he said.
Figures released by the country’s electoral management body have shown that a total of 1, 037, 684 people have registered to vote.However, eligible voters could be discouraged by events leading to the voting day like poor execution of advance voting amid talks that the elections could be unfair.There have also been threats by certain opposition politicians that shall the elections not be free and fair, they will halt them.Despite these...